Michelin presents sustainability-infused strategy to capital markets
Groupe Michelin’s Capital Markets Day presentation, conducted via webcast on 8 April, set out its agenda for the next decade, putting its plans in front of leading global banks and financial firms. Circling around a central theme of sustainability, the group executive committee, led by managing chairman Florent Menegaux and general manager and chief financial officer Yves Chapot, showed how Michelin intends to “diversify while strengthening” in order to achieve its key economic and ecological targets. Chapot and Menegaux stated that expanding “non-tyre revenue” up to more than one-fifth of the group’s turnover by 2030 would make the group more agile and robust in the face of future crises. The current global health crisis has been instructive in this regard; the committee credited the development of the group’s non-tyre portfolio with assisting in its resilience over the difficulties of 2020, and now intends to continue the acceleration of its diversification. Its digital and materials innovations will simultaneously “deliver new growth,” while contributing to the overall strength of the group: a leitmotif of the committee’s presentation.
Trade association the Chemical Industry Federation of Finland has awarded Nokian Heavy Tyres Ltd during its annual Safety Awards ceremony, which took place yesterday. It honoured Nokian in the large companies category, acknowledging the tyre maker’s senior management for their strong commitment to improving safety.
Stobart Energy agrees fleet tyre deal with Bridgestone
Bridgestone has signed a new commercial fleet partnership with Stobart Energy, the UK’s number one supplier of biomass fuel. The fleet will run exclusively on the Bridgestone Duravis R002. The tyre is designed to lower cost per kilometre through both wear performance and fuel efficiency. Designed for the versatility segment, the Duravis R002 is available to all types of on-road fleet operation and deliver outstanding wet grip.
De-risking Britain’s fleets – Tructyre launches major rebrand
Multi-brand commercial fleet specialist Tructyre is part of the global Michelin group and Euromaster family. As is the case for many companies, Tructyre has found the past 12 months challenging, and it has focused on managing the impacts of the pandemic and helping to keep customers moving throughout the crisis.
Asahi Kasei Europe unites sales, marketing and R&D activities
As of March 2021, Asahi Kasei Europe has now fully relocated to Düsseldorf Harbour, Germany. The Asahi Kasei Europe R&D Center’s move to Düsseldorf from the nearby Chempark Dormagen complex follows the relocation of the Asahi Kasei Europe GmbH offices and those of its sister company Asahi Kasei Microdevices Europe GmbH last November.
Goodyear reaches agreement with De Klok, S&H over grey market import tyres
Goodyear and De Klok Banden have reached an agreement to increase the Dutch wholesale group’s control over parallel imports, also known as “grey market” tyres. In a statement delivered exclusively to Tyrepress.com and its sister websites in the EU, Goodyear affirmed its resolve to tackle “illegal (grey) tyre imports” using “legal actions”. The manufacturer says it has already taken legal action against a number of European market distributors. It asserts its right to control imports to the European Union from external markets, including, as of 1 January 2021, the UK under trademark or other legal rights. The full statement reads: “Goodyear announced today that it has reached an agreement with De Klok Banden B.V., S & H Tires B.V and their affiliated companies to resolve a parallel import case between the two groups. The agreement resolves the pending trademark infringement claim initiated in Q3 2020 by Goodyear following seizure of tyres often referred to as grey market imports.
Auto electrical specialist WAI has extended its UK warehouse by a massive 40 per cent, as the business boosts its stockholding for UK customers. The extension, at WAI’s Bognor Regis UK headquarters, will see more racking and a greater investment in UK logistics, as the brand continues to prove popular among motor factors and workshops.
Braking specialist Juratek Ltd has acquired Bradford-based independent distributor Bettaparts Ltd. Terms of the deal have not been disclosed. Bettaparts will remain at its Bradford site, serving its existing customer base and Juratek has said that there are no plans to distribute its own branded products through the new site as the companies will operate separately.
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has selected Goodyear as unique tyre supplier for the Air France-KLM Group’s fleet of more than 130 Boeing 737NG aircraft. KLM and Transavia will thus equip their 737NG aircraft with Goodyear Flight Leader tyres for the next ten years.
Continental unites European tyre services portfolio within Conti360° Solutions
Continental has brought together its range of tyre services for the fleet sector under the banner of Conti360° Solutions. Going forwards, fleet solutions will be offered as an overall package: The Conti360° Solutions contracts comprise both digital solutions such as ContiConnect and ContiPressureCheck, and ContiLifeCycle – including the ContiRe and ContiTread retreading products and casing management.
GRI supplies Ultimate XT forklift tyres to KION Group
GRI has commenced its supply of original equipment tyres to the KION Group, one of the worlds leading providers of industrial trucks and supply chain solutions. KION selected GRI’s Ultimate XT premium plus tyre for its Linde Material Handling forklift trucks, produced in Germany. GRI manufactures its speciality tyres in Sri Lanka, using some of the latest technology and locally sourced natural rubber. It calls the OE deal a milestone for its product development.
The year 2021 is the Golden Jubilee of Point S, the multi-national tyre and car maintenance group and, to mark this milestone, the company takes a look back at 50 successful years – and a look forward too. Back in 1971, the market for tyres, car accessories and repairs was very different from what it is now, with motorists’ choice of brands limited to what the local garage had in stock at the time. Things began to change when 50 French independent garage owners came together with the aim of offering new and higher standards of service, a better choice of products and competitive prices. And so, Point S was born.
Jinyu’s Vietnamese tyre plant has produced its first TBR tyre. The milestone for the new facility caps nine months of intense construction, as the project team of Jinyu (Vietnam) Tire Co, Ltd overcome multiple challenges including the Covid-19 pandemic. The facility includes 19 buildings over 130,000 square meters, containing 894 pieces of equipment. The production of the first tyre at 10:08 on 30 March 2021 marks the completion of the production line and lays a solid foundation for the start of volume production in May.
Fast feet at 50 – Kwik Fit fitters dance to raise awareness of prostate cancer risk
Kwik Fit is marking its 50th birthday by encouraging people to don their overalls and dancing boots and do the famous ‘Kwik Fit fitter dance’, whilst helping to highlight the increased risk of prostate cancer to men aged over 50.